With the next sec filing due in two months +, the 10K bar has been set very very low for LQMT as they reported annual revenues of less than $1 million for the the year 2021!
It’s not a question of how much more will LQMT exceed that amount. But, rather how much lower will LQMT report!
All depends on bridge pins Swatch and golf club fees? Is Zyris still around? From what I can see, and all know I do not see much. It looks like the 10K revenues for 2022 can be less. A lot less!
With the feds increasing the cost of $$$ and recession expectations the only saving grace lie not with the revenues of LQMT but rather with reducing the administrative costs, the cogs, to offset the decline in revenue growth.
Might just be the reason for a slower walk down for the pps. It already hit the 0.05’s and will do so again as those who may have sold off last year for tax purposes may want to get back in between the 5’s and low 6’s again.
The anemic liquidity puts a huge damper on many trying to buy back in as the mm’s control the spread. Thus a few shares can increase the cost of the pps by 15% during the day. It’s why anyone can see the difficulty for those who sold to buy back in in large numbers. It’s also the same reason why new dice rollers have to buy in on small bets.
Unless anyone has a conviction that LQMT’s potential is huge and with deep pockets, then common sense dictates the pps will remain under a dime and only breakout on another wash rinse and repeat cycle contract.
Good luck to all in LQMT.
Wish TC luck.
